First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 301 shares, a drop of 95.5% from the September 30th total of 6,667 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 4,364 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On First Trust AAA CMBS ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its holdings in shares of First Trust AAA CMBS ETF by 14.7% in the third quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock worth $1,742,000 after acquiring an additional 11,342 shares during the last quarter. Inspirion Wealth Advisors LLC purchased a new stake in First Trust AAA CMBS ETF during the 3rd quarter worth about $522,000. Platform Technology Partners raised its stake in First Trust AAA CMBS ETF by 58.3% in the 1st quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock valued at $1,914,000 after purchasing an additional 34,737 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in First Trust AAA CMBS ETF in the 1st quarter valued at about $1,744,000.
First Trust AAA CMBS ETF Price Performance
NYSEARCA CAAA opened at $19.81 on Tuesday. First Trust AAA CMBS ETF has a 52-week low of $19.65 and a 52-week high of $20.85. The business’s 50-day moving average price is $19.94 and its 200 day moving average price is $20.26.
About First Trust AAA CMBS ETF
The First Trust Commercial Mortgage Opportunities ETF (CAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return CAAA was launched on Feb 27, 2024 and is issued by First Trust.
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